Venezuela's Oil Infrastructure Leaks 13 Billion M3 of Methane Annually
Venezuela's neglected oil infrastructure is responsible for annual methane leaks of approximately 13 billion cubic meters, resulting in a loss of about $1.4 billion in potential revenue. This significant emission rate, the highest in the world, complicates investment decisions for US oil companies looking to enter the market.
Theia Market Signal Identification - AI AssistedPublished Jan 15, 2026
Venezuela's abandoned oil infrastructure leaks approximately 13 billion cubic meters of methane each year, wasting about $1.4 billion in potential revenue. This high emission rate, the worst globally, poses challenges for US oil majors considering investments in the country.
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